Ethena is launching a neobank on Avalanche with cashback and attractive savings rates.

31.08.2026

Ethena has officially announced the launch of an innovative neobank on the Avalanche blockchain, providing users with new financial opportunities through a cashback program and competitive savings rates.The new Ethena Neobank platform was created to combine the convenience of digital banking with the benefits of decentralized financial technologies. Users will be able to open accounts and manage their savings directly through the Avalanche network, which ensures fast transaction speeds and low fees.One of the key benefits is the cashback program: every user receives a refund on purchases, making everyday financial transactions more profitable. In addition, Ethena offers an attractive interest rate on savings accounts—up to 6.5% per annum—which significantly exceeds the average rates of traditional banking products.Ethena Neobank also implements advanced security measures, including multi-factor authentication and user data protection, which comply with international standards. The platform is already open for registration, and the first customers will be able to take full advantage of the new service in the coming days.The launch of the neobank on Avalanche underscores Ethena’s commitment to innovation and the creation of financial solutions tailored to the modern needs of the global community.